Dai (DAI) is currently trading at $1, reflecting a modest 24-hour change of 0.1111%. The daily price range has been tight, with a high of $1.001 and a low of $0.9981, indicating stability around its peg to the US dollar.

The trading volume over the past 24 hours is approximately 92.8 million, contributing to a volume-to-market cap ratio of 2.11%. Technical indicators show that the hourly moving averages are clustering around $0.9996, with a slight positive trend, which suggests short-term stability in the price.

The 1-hour Relative Strength Index (RSI) is at 54, indicating that DAI is neither overbought nor oversold. Meanwhile, the 7-day RSI sits at 50, reflecting neutrality and further supporting the notion of price stability over the medium term.

Over the last 30 days, DAI has experienced a price change of approximately 0.1057%, suggesting minimal volatility. The historical all-time high of $1.22, recorded on March 13, 2020, serves as a reminder of the asset's potential for movement beyond its current price peg.

Considering the current price stability, positive short-term moving averages, and neutral RSI readings, DAI maintains its expected value as a stablecoin. Therefore, the recommendation is to Hold DAI, as it continues to fulfill its function as a reliable dollar-pegged asset without significant short-term volatility or trading signals indicating a need for immediate action.